Since 2014, the shipping industry has suffered numerous setbacks. Rebounding freight volumes and the proximity of the electronic logging device (ELD) mandate are set to change the industry in 2017, reports Sean Kilcarr of FleetOwner. Unlike the all-time highs of 2014, 2017 will reveal an industry on the cusp of restoring order and LTL rates to acceptable, reasonable levels.
Cerasis put on a 75-minute webinar entitled, The “Major Factors to Consider for Efficient LTL Shipping” Webinar on October 5th, at 10:00 AM CST. We had a great turnout with over 170 logistics managers, supply chain officers, and those in the transportation world registering and attending the webinar.
If you are a shipper who regularly ships via the over-the-road mode of Less Than Truckload, also known as LTL, you understand there are a lot of moving parts to have efficient LTL Shipping. Efficient means executing a program that allows you to achieve maximum outcomes all while not using too many resources, too much time, or spending too much money.
Editor’s Note: This is a guest blog from our friend Augie Grasis, CEO of FrieghtGator.com In today’s blog, Augie discusses why Carriers should partner with a 3PL or LTL Freight Exchange to stay ahead of the game and not be left behind.
Download the 8 Big Factors to Consider for Efficient LTL Shipping e-Book!
If you are a shipper who regularly ships via the over-the-road mode of Less Than Truckload, also known as LTL, you understand there are a lot of moving parts to have efficient LTL Shipping.
While LTL shipping may have been the gold standard for shippers in the past, more shippers are starting to turn to a combination of parcel and less-than-truckload (LTL) shipping to cut costs and drive profits. However, the age-old rule of packages of less than 150 pounds being designated as small package or parcels is evolving.
Less-than-truckload (LTL) shipping is one of the most efficient ways to move shipments when you cannot justify the cost of a full truckload. Unfortunately, shippers may be losing money on LTL shipping if they do not know how to maximize efficiency and cost-effectiveness in each shipment. According to Joe Lynch, shippers face many challenges and problems in LTL shipping.
LTL carriers are under an increasing amount of pressure. Shippers and customers want lower rates. The government is increasing the regulations for truck drivers, and the volatile economy is making it difficult to assess what tomorrow’s rates may be.
Using less-than-truckload for medium-sized shipments is one of the great innovations in shipping. It produces results at a fraction of the cost of full truckload (FT) or small package shipping. However, the needs of the modern shipping industry have reached an optimal point, and the only way to further push the envelope is by using a dedicated transportation management system (TMS).
So, your organization has decided to explore the benefits and perks of less than truckload freight shipping. However, the set-up costs and initial implementation of LTL relationships can seem daunting. You may have to learn how to navigate a new software, or your organization may simply need additional training on a new transportation management system (TMS).